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Powell River, BC Real Estate News

By Aaron Mazurek, Powell River Property For Sale (BC)
(Coast Realty Group, (Powell River) Ltd)
FYI - the market this year is HORRIBLE!! A lot of people (even local Realtors) think that a few sold signs around town in the spring means that the market is improving. Look at the numbers. The Real Estate Market is worse off right now than it has been in as long as ten years. Compared to last year YTD, our number of sales is down 10% and the dollar value of the sales is down 14.9%! ....that's huge and certainly does not indicate a turnaround any time soon in our market. You have to go back to 2003 to get lower number of sales. In fact, in 2007 we had TWICE the volume and dollar value as this year (YTD). Don't let the number of "FOR SALE" or even "SOLD" signs fool you. Eventually people DO have to move, no matter what the market is doing. Housing needs change. There are far more "Reduce...
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By Aaron Mazurek, Powell River Property For Sale (BC)
(Coast Realty Group, (Powell River) Ltd)
Powell River, BC Civic Election - Get out there and vote? This weekend's civic election is going to be one of the most interesting in a very long time in this supposedly sleepy and remote city on the west coast of British Columbia. There has been a lot of local controversy in Powell River, with the current Mayor looking for his fifth term, and only one person, a local businessman, is running against him. Council has been right in the thick of it. This editorial from the Powell River Peak Newspaper sums up some of the goings on. Following the antics is great fun, but our little city needs to move on. Comments to the local newspaper, the Powell River Peak online have been extremely divided.The most important thing is that everyone gets informed, makes their choices, and then gets out and ...
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By Aaron Mazurek, Powell River Property For Sale (BC)
(Coast Realty Group, (Powell River) Ltd)
Annual Festival of Trees in Powell River, BC   Annual Festival of Trees - November 21 to 26, 2011   Starting with our first festival in 1995, PRACL's Festival of Trees has become a celebrated annual event that helps to launch the Christmas season here in Powell River   Lighting of the Trees - November 21st at 7:30 Tree viewing, voting and silent auction starts after the Lighting of the Trees and continues every day through the Gala Evening Gala Dinner and Auction, November 26th at 5:30 (Get your tickets early and book a table with your friends to enjoy the gala) Drop by to view the trees and wreaths and don't forget to cast your ballot to support the incredible talent of the artists who created them. Find out the many ways that you can contribute to this fabulous community event: Sponso...
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